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Merck KGaA Acquires Biotest’s Microbiology Monitoring Business

11:01 AM MDT | March 25, 2011 | —NATASHA ALPEROWICZ

Merck KGaA has entered into a definitive agreement to acquire Biotest’s (Dreieich, Germany) worldwide microbiological monitoring activities. The business comprises heipha Dr. Müller (Eppelheim, Germany); the Hycon business, also based at Dreieich; subsidiaries in France, Japan, and the U.S.; and further activities and employees in several European countries. The business has a combined workforce of 290 and it generated 2010 sales of about €50 million ($71 million). Closing of the transaction is expected in the second half of this year, subject to antitrust...

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